Fujitsu considers selling its PC business to Lenovo

Lenovo may be about to grow its share of the shrinking PC business again: Japanese IT conglomerate Fujitsu is considering selling its PC manufacturing business, and Lenovo may be the buyer, Fujitsu said Thursday.

As part of a strategy to focus on core activities, in February Fujitsu spun out its PC business as an independent operating unit. Such spin-outs are usually a prelude to a sale.

On Wednesday, Japanese media reported that the company was in talks to sell the PC business to Lenovo.

"These reports are not based on any official announcement made by Fujitsu," the company said Thursday, adding that it "is currently considering various possibilities, including what is being reported, but a decision has not yet been made."

A person familiar with the Lenovo-Fujitsu discussions told the Wall Street Journal that the deal could be structured similarly to the one with NEC, which now holds only a 5 percent stake in its joint venture with Lenovo.

Fujitsu targets the data center market with its servers, networking equipment, batteries and cooling systems, and also runs an IT services and cloud hosting business. But it also has other businesses not directly related to that, including smartphones, semiconductors and PCs.

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